SharkNinja (NYSE:SN) Reaches New 1-Year High – Should You Buy?

SharkNinja, Inc. (NYSE:SN)’s share price hit a new 52-week high on Monday . The stock traded as high as $154.04 and last traded at $153.3560, with a volume of 2330804 shares. The stock had previously closed at $151.47.

Analysts Set New Price Targets

Several research analysts recently issued reports on SN shares. Wall Street Zen lowered SharkNinja from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Canaccord Genuity Group increased their price target on SharkNinja from $160.00 to $161.00 and gave the company a “buy” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. raised their price objective on SharkNinja from $144.00 to $146.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Bank of America lifted their price objective on SharkNinja from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Piper Sandler initiated coverage on shares of SharkNinja in a research report on Tuesday, June 9th. They set an “overweight” rating and a $150.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, SharkNinja presently has a consensus rating of “Moderate Buy” and an average target price of $155.00.

SharkNinja Stock Performance

The company has a debt-to-equity ratio of 0.25, a current ratio of 2.38 and a quick ratio of 1.62. The company has a fifty day moving average price of $125.43 and a 200 day moving average price of $119.42. The stock has a market cap of $21.38 billion, a P/E ratio of 30.45, a P/E/G ratio of 2.00 and a beta of 1.22.

SharkNinja (NYSE:SN) last issued its earnings results on Wednesday, May 6th. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.08. The company had revenue of $1.41 billion for the quarter, compared to analysts’ expectations of $1.38 billion. SharkNinja had a return on equity of 29.07% and a net margin of 10.70%.SharkNinja’s quarterly revenue was up 15.6% compared to the same quarter last year. During the same period last year, the business earned $0.87 EPS. SharkNinja has set its FY 2026 guidance at 6.000-6.10 EPS. On average, equities analysts expect that SharkNinja, Inc. will post 5.74 EPS for the current year.

Insider Buying and Selling at SharkNinja

In other news, CFO Adam Quigley sold 6,923 shares of SharkNinja stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $112.97, for a total transaction of $782,091.31. Following the completion of the transaction, the chief financial officer directly owned 1,750 shares in the company, valued at $197,697.50. This trade represents a 79.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 40.80% of the company’s stock.

Hedge Funds Weigh In On SharkNinja

Several large investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its holdings in SharkNinja by 21.8% during the 1st quarter. Royal Bank of Canada now owns 71,872 shares of the company’s stock worth $5,995,000 after purchasing an additional 12,851 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of SharkNinja during the first quarter valued at approximately $369,000. Goldman Sachs Group Inc. grew its holdings in SharkNinja by 169.4% during the first quarter. Goldman Sachs Group Inc. now owns 505,301 shares of the company’s stock worth $42,147,000 after buying an additional 317,730 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in SharkNinja by 7.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 50,813 shares of the company’s stock valued at $4,238,000 after buying an additional 3,632 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new stake in SharkNinja in the 1st quarter valued at $656,000. Institutional investors own 34.77% of the company’s stock.

About SharkNinja

SharkNinja (NYSE: SN) is a leading designer, marketer and distributor of innovative small home appliances under the Shark® and Ninja® brands. The company’s product portfolio spans floorcare, cleaning and home environment products, including upright, cordless and robotic vacuum cleaners, steam mops and air purifiers. In the kitchen category, SharkNinja offers a broad range of cooking and food preparation solutions, such as countertop ovens, air fryers, multicookers, blenders and coffee makers. Its products are positioned to deliver user-friendly performance, innovative features and durable design for everyday household tasks.

Founded in 1998 as Euro-Pro Operating LLC, the company initially focused on the European market before expanding its presence in North America.